The Mosaic Company (NYSE: MOS) given the consensus rating of “Buy” by brokerage firms
Shares of The Mosaic Company (NYSE: MOS) have averaged a âBuyâ rating among the eighteen brokerage firms that currently cover the company, reports MarketBeat.com. One investment analyst rated the stock with a sell recommendation, five gave a hold recommendation, and nine gave the company a buy recommendation. The 12-month average target price among brokerage firms that hedged the security in the past year is $ 40.71.
Several analysts recently took a look at MOS stocks. Piper Sandler began covering Mosaic in a report on Thursday, December 16. They set an “overweight” rating and a price target of $ 44.00 for the stock. Royal Bank of Canada raised its price target on Mosaic from $ 50.00 to $ 55.00 and gave the company an “outperformance” rating in a research report released on Thursday, October 7. Morgan Stanley raised its price target on Mosaic from $ 37.00 to $ 40.00 and gave the company an “equal weight” rating in a research report published on Monday, December 6. Mizuho began covering Mosaic in a research report on Tuesday, October 12. They issued a “buy” rating and a price target of $ 55.00 for the company. Finally, Bank of America raised its price target on Mosaic from $ 50.00 to $ 52.00 and gave the company a “buy” rating in a research report on Tuesday, September 14.
MOS opened for $ 35.54 on Tuesday. Mosaic has a minimum of $ 21.40 over 52 weeks and a maximum of $ 43.24 over 52 weeks. The company has a 50-day moving average of $ 37.97 and a 200-day moving average of $ 34.53. The company has a debt to equity ratio of 0.37, a current ratio of 1.32, and a quick ratio of 0.67. The company has a market cap of $ 13.47 billion, a PE ratio of 7.58, a price / earnings-growth ratio of 1.03, and a beta of 1.75.
Mosaic (NYSE: MOS) last released its quarterly earnings data on Sunday, October 31. The basic materials company reported EPS of $ 1.35 for the quarter, missing Zacks’ consensus estimate of $ 1.55 of ($ 0.20). The company posted revenue of $ 3.42 billion for the quarter, compared to $ 3.66 billion according to analysts’ estimates. Mosaic had a net margin of 16.34% and a return on equity of 13.78%. The company’s revenue grew 43.5% year-over-year. During the same period of the previous year, the company posted EPS of $ 0.23. On average, equity research analysts forecast Mosaic to post earnings per share of 5.06 for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 17. Shareholders of record on Thursday, March 3 will receive a dividend of $ 0.112. This represents a dividend of $ 0.45 on an annualized basis and a return of 1.26%. This is a boost from Mosaic’s previous quarterly dividend of $ 0.08. The ex-dividend date of this dividend is Wednesday March 2. Mosaic’s payout rate is currently 6.40%.
In other Mosaic news, insider SA Vale sold 34,176,574 shares of the company in a trade dated Tuesday, November 9. The stock was sold for an average price of $ 36.84, for a total value of $ 1,259,064,986.16. The transaction was disclosed in a legal file with the Securities & Exchange Commission, accessible via this hyperlink. 0.57% of the shares are currently owned by insiders.
A number of large investors have recently bought and sold shares of MOS. Advisors Asset Management Inc. increased its holdings of Mosaic shares by 18.9% in the second quarter. Advisors Asset Management Inc. now owns 48,985 shares of the basic materials company valued at $ 1,563,000 after purchasing an additional 7,770 shares in the last quarter. Dupont Capital Management Corp increased its stake in Mosaic shares by 148.6% in the second quarter. Dupont Capital Management Corp now owns 20,503 shares of the basic materials company valued at $ 654,000 after purchasing an additional 12,256 shares in the last quarter. Advisor Group Holdings Inc. increased its holdings of Mosaic shares by 27.8% in the second quarter. Advisor Group Holdings Inc. now owns 175,015 shares of the basic materials company valued at $ 5,584,000 after purchasing an additional 38,017 shares in the last quarter. Victory Capital Management Inc. increased its holdings of Mosaic shares by 7.2% in the second quarter. Victory Capital Management Inc. now owns 536,153 shares of the basic materials company valued at $ 17,109,000 after purchasing an additional 35,858 shares in the last quarter. Finally, Handelsbanken Fonder AB increased its stake in Mosaic shares by 8.9% in the second quarter. Handelsbanken Fonder AB now owns 59,800 shares of the basic materials company valued at $ 1,908,000 after purchasing an additional 4,900 shares in the last quarter. 73.33% of the shares are held by hedge funds and other institutional investors.
Mosaic Company Profile
The Mosaic Co is engaged in the production and marketing of concentrated nutrients for phosphate and potash crops. The company operates through its wholly and majority owned subsidiaries. It operates through the following segments: phosphates, potash and mosaic fertilizers. The Phosphates segment owns and operates mines and production facilities in North America that produce concentrated nutrients for phosphate crops and phosphate feed ingredients, as well as concentrated nutrients for crops.
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